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    Medical Park Offices For Sale Title is generated by Realmo AI

    100 Greentree Ln, Foley, AL

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    Medical park offices located directly off HWY98 in Foley, AL.

    Type:OFFICE
    Property size:
    11,901 SF
    Lot size:
    1.98 Acres
    Price / SF:
    $189/SF
    Added:
    Nov 23, 2025
    Days on Market:
    202
    Last Refresh:
    May 20 at 8:30 pm

    Property Features for 100 Greentree Ln

    General Information

    Standard status
    Active
    Size
    11,901 SF
    Lot size
    1.98 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Justin A. Pate
    Justin A. Pate

    Listing agent Justin A. Pate License #SL3456415

    Listing office Signature Properties

    Listing date Nov 23, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties

    HighLights

    • Located directly off HWY98
    • Medical park offices

    Overview

    This property features medical park offices situated directly off HWY98 in Foley, Alabama. The property encompasses 11,901 square feet.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $264.2k $22.20
    − Vacancy −$26.9k −$2.26
    EGI $237.3k $19.94
    − OpEx −$94.9k −$7.97
    NOI $142.4k $11.96
    11,901 SF · lease $22.20/SF/yr · vacancy 10.20% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.03M
    $1.78M – $2.37M (±1% cap)
    NOI $142,352 @ 7.0% cap · market cap 6.33%
    Second Best
    Office B
    $1.98M
    $1.74M – $2.31M (±1% cap)
    NOI $138,813 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $2.86M
    $2.50M – $3.34M (±1% cap)
    NOI $200,337 @ 7.0% cap · market cap 8.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gulf Coast Urology Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Foley Veterinary Hospital — 21738 US-98, Foley, AL 36535
    • Advanced Animal Care — 625 E Laurel Ave, Foley, AL 36535
    • Gunter Jeff L DVM — 625 E Laurel Ave, Foley, AL 36535

    Location Insight

    • Map
    • Local Demand
    City
    Foley
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.6625
    Latitude
    30.4062

    FAQs

    What type of property is this?
    Medical Office Space - Medical park offices located directly off HWY98 in Foley, AL.
    Where is this medical office space located?
    The property is located at 100 Greentree Ln Foley, AL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Located directly off HWY98; Medical park offices
    (251) 233-2290 Call to check price and availability
    More about this property
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